Shanghai Ganglian E-Commerce Holdings Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 14, 2022 at 10:57 am EDT
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Shanghai Ganglian E-Commerce Holdings Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 65,770.64 million compared to CNY 58,516.35 million a year ago. Revenue was CNY 65,774.62 million compared to CNY 58,521.23 million a year ago. Net income was CNY 177.98 million compared to CNY 216.67 million a year ago. Basic earnings per share from continuing operations was CNY 0.6659 compared to CNY 0.8106 a year ago. Diluted earnings per share from continuing operations was CNY 0.6624 compared to CNY 0.8106 a year ago.
Shanghai Ganglian E-commerce Holdings Co., Ltd. is an operator of Internet platforms, which deal with commercial information of bulk stocks including steel, iron, energy and agricultural products, among others. The Company operates through three main segments. The Information Services segment is primarily involved in provisions of energy, mining and non-ferrous metal-related industrial information services, Weblink services, as well as conference and training services. The Iron and Steel Trading Business segment is engaged in the provision of business to business (B2B) e-commerce services, with iron and steel, energy, mining, non-ferrous metal and other industrial information provided. The Other Business segment is engaged in provision of advertising campaign services and rental services.
SHANGHAI GANGLIAN E-COMMERCE HOLDINGS CO., LTD. 
